
Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860
Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860 Exercise 10
"Budget deficits should be avoided, even if the economy is below potential, because they reduce saving and lead to lower growth." Does this policy directive follow from the short-run or the long-run framework Explain your answer.
Explanation
It is given that,
"Budget deficits shoul...
Macroeconomics 9th Edition by David Colander
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